The crypto market’s bearish state might look poised to prevail even longer than it has stayed, eliciting a massive urge to sell off crypto holdings at significant losses.
However, amid the poor market performance, hope still abounds for a positive turnaround, evidenced by most investors sharing sentiments of a potential crypto bull market and accumulating some of these coins at very much discounted prices.
XRP, Shiba Inu (SHIB), and Stellar Lumens (XLM) have garnered considerable attention to themselves over the past few weeks. It will not be out of place to say that these three coins possess the potential to reclaim their all-time high (ATH) prices in the event the crypto market rally sets in.
Read Also: Ex-Banker Says XRP and XLM Will Disrupt World of Payments. Here’s why
Meanwhile, it is worth noting that XRP attained its ATH in January 2018, when it was priced at $3.8. SHIB ATH happened in October 2021 with a selling price of $0.00008616. XLM, being a very similar cryptocurrency to XRP, achieved its ATH of $0.876 within the same period as XRP.
At the time of writing, XRP is worth approximately $0.486, SHIB is changing hands at about $0.00000704, and XLM is priced at $0.105. Should these crypto assets succeed in reclaiming their ATH prices, what amount of these coin holdings must an investor accumulate now to attain $1M, $5M, and $10M levels? Find out in this insight.
At XRP’s ATH of $3.8, approximately 263,200 tokens will be worth $1 million. Purchasing 263,200 tokens at XRP’s current price of $0.486 would require a funding capital of $127,915.
For SHIB, 11.61 billion tokens will make $1 million at ATH. Based on the current SHIB price, investors will need $81.73K to procure 11.61 billion tokens.
As for Stellar Lumens, 1.142 million XLM will make a million dollars at its ATH of $0.876. The amount of XLM required to accumulate $1 million at ATH costs about $199.9K in the market today.
Read Also: What Google Bard Said About Future Price of Stellar (XLM) After Ripple and XRP Victory
Achieving $5 million with XRP at its ATH would require XRP holdings of approximately 1.32 million coins worth around $641.5K.
Making $5 million in SHIB at ATH would require up to 58.1 billion SHIB coins. These tokens are worth about $408.5K at current prices.
Accumulating $5 million from XLM investment at ATH would imply XLM holdings of about 5.71 million, estimated to be worth $599,550 at the token’s current price.
Read Also: Ferrari Embraces Payments in Shiba Inu (SHIB) And XRP
To make $10 million in XRP once it reclaims its highest-ever price, approximately 2.632 million tokens must have been locked up. These tokens are valued at $1.28 million at XRP’s current price.
For SHIB, 116.1 billion coins will bring $10 million once it reclaims its ATH. 116.1 billion SHIB tokens are currently worth about $810.700.
Whereas, 11.42 million XLM stores worth $1.199M at XLM’s current price will amount to about $10 million upon attaining its ATH.
Finally, readers are encouraged to do adequate research before investing in any crypto, as there is no assurance that the above scenarios will play out.
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